+1 (208) 254-6996 [email protected]
  

Course Project Scenario

You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and operating structure. As an economist, your responsibilities include examining the market factors that affect success or failure of a product, including the supply and demand for the product, market conditions, and the behavior of competitors with similar products.

Don't use plagiarized sources. Get Your Custom Essay on
Project 1
Just from $13/Page
Order Essay

Your supervisor, Jorge, has assigned you the task of evaluating a new product. The new product, oven mittens, has several competitors in the marketplace, but your company will be using a new patented material that provides protection from heat and maintains a great deal of flexibility.

Tasks:

  • *******Evaluate what information is needed to assess the market factors that will make this product a success of failure.
  • *******Evaluate what information is needed to assess the market factors that will make this product a success of failure.
  • *******Explain the basic supply and demand aspects that will make the product a success or failure.

Submission Details:

Order your essay today and save 10% with the discount code ESSAYHELP